Vietnam draws fresh interest from Bain Capital after Masan deal

Enthusiasm comes as country takes No. 2 fundraising spot in Southeast Asia in Q2

20231023 Ho Chi Minh City

A view of Ho Chi Minh City: Sarit Chopra, a partner with Bain Capital's Special Situations business, calls Vietnam "one of the most exciting markets in Southeast Asia."  © AP

NGUYEN THI BICH NGOC, DealStreetAsia

HANOI -- U.S.-based investment firm Bain Capital is betting big on Vietnam after closing its first investment in the country. It recently bought around $200 million of local conglomerate Masan Group's convertible shares.

"Vietnam is one of the most exciting markets in Southeast Asia," said Sarit Chopra, a partner with Bain Capital's Special Situations business.

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